City of Los Angeles Lights San Fernando Road Pathway with Carmanah Outdoor Lighting Systems14:22 EST Wednesday, December 19, 2012
VICTORIA, British Columbia (Business Wire) -- The City of Los Angeles has selected Carmanah's EverGEN 1710 solar
powered lights in an order of 140 systems to illuminate a new pathway on
a public road in the San Fernando Valley. Improving safety and
furthering the City's commitment to sustainability and energy savings,
the Carmanah EverGEN 1710 was down-selected for the project to light
over 1km of new path along San Fernando Road in Los Angeles. Chosen by
the City on the basis of form, function and a GPS and radio-enabled
networking capability that can allow for remote system monitoring,
activation and control, the EverGEN 1710 is an advanced outdoor lighting
system for municipalities and organizations seeking sustainable lighting
as well as installation cost savings. Once fully installed in early
2013, the City of LA will have employed almost 300 of Carmanah's
solar-powered 1710 lights which will illuminate 6km (4m) of commuting
pathways.
In 2009, the City began employing Carmanah EverGEN systems for pathway
applications following an experience with reoccurring copper theft along
the LA City River from grid-powered wired lighting fixtures. The copper
theft eventually left portions of the path dark and incurred costs to
replace wiring as a result. In the move from grid-powered AC HID (high
intensity discharge) fixtures, Officials at the City of Los Angeles have
been working with Los Angeles lighting agents, David Silverman &
Associates and their solar lighting manufacturing provider, Carmanah
Technologies, to source a reliable and certified solution. The City
selected a solution in the EverGEN 1710, which would allow the City to
avoid high installation costs while eliminating the possibility of
future copper theft as a result of zero wiring. Since 2009, the City has
continued to invest in sustainable lighting solutions with this most
recent project.
Bruce Cousins, CEO of Carmanah comments, “Los Angeles represents a
satisfied, repeat customer who is demonstrating the success of the
technology as well as the value proposition of the product.”
About Carmanah Technologies CorporationAs one of the most trusted names in solar technology, Carmanah has
earned a reputation for delivering strong and effective products for
industrial applications worldwide. Industry proven to perform reliably
in some of the world's harshest environments, Carmanah solar LED lights
and solar power systems provide a durable, dependable and cost effective
energy alternative. Carmanah is a publicly traded company, with common
shares listed on the Toronto Stock Exchange under the symbol "CMH”. For
more information, visit carmanah.com.Carmanah Technologies Corporation“Roland Sartorius”Roland Sartorius, Chief Financial OfficerFor further information:This news release contains “forward-looking statements” or
“forward-looking information” within the meaning of applicable
securities laws (collectively, “forward-looking statements”).
Forward-looking statements are generally identifiable by use of the
words “believes,” “may,” “plans,” “will,” “anticipates,” “intends,”
“budgets,” “could,” “estimates,” “expects,” “forecasts,” “projects” and
similar expressions, and the negative of such expressions.
Forward-looking statements in this news release include statements about
the reliability and attributes of Carmanah's solar LED lights and solar
power systems; and Carmanah's strategy, future operations, prospects and
the plans of management; additional product sales opportunities;
increased top line revenue; and extending existing product lines through
internal development efforts, strategic business relationships as well
as focused acquisitions.With respect to the forward-looking statements contained in this news
release, Carmanah has made numerous assumptions regarding, among other
things, that the Company's proprietaryEverGEN 1710 solution
presented a compelling off-grid, sustainable lighting solution; and
additional product sales result in increased top line revenues. While
Carmanah considers these assumptions to be reasonable, these assumptions
are inherently subject to significant business, economic, competitive,
market and social uncertainties and contingencies.Additionally, there are known and unknown risk factors which could
cause Carmanah's actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements
contained herein. Known risk factors include, among others: the products
contemplated in this sale may not be completed or function as currently
anticipated, or the installations may not be completed in the timeframe
contemplated and general risks related to the competitive environment,
competition with other energy sources, technological changes,
anticipated adoption rates for Off-Grid LED lighting; ability to manage
expansion effectively, foreign exchange, reliance on third party
manufacturers, reliance on outside agents and distributors, reliance on
key employees, intellectual property risks, environmental and regulatory
compliance, government contracts and subsidies, product quality and
reliability and warranty liability risk, downturn in economic and market
conditions, liquidity and capital requirements, litigation risk,
potential reorganization of operations or product offerings, and
geopolitical and other global or local events; there can be no
assurances that the Company can increase or maintain current top line
revenue; there can be no assurances that the Company will achieve
additional product sales; and there can be no assurances the Company can
extend existing product lines through internal development efforts,
strategic business relationships and focused acquisitions.A more complete discussion of the risks and uncertainties facing
Carmanah appears in Carmanah's most recently filed Annual Information
Form, Annual MD&A, and other continuous disclosure filings which are
available on SEDAR at www.sedar.com
and on the Company's website at Carmanah disclaims any obligation to
revise or update any such forward-looking statements or to publicly
announce the result of any revisions to any of the forward-looking
statements contained herein to reflect future results, events or
developments, except as required by law.To view this press release as a webpage, please click on the
following link:http://www.usetdas.com/pr/carmanahdec192012.htmInvestors:Investor Relations: Roland SartoriusToll-Free:
1.877.722.8877investors@carmanah.comorMedia:Public
Relations: Natasha BartlettTel: +1.250.412.8315nbartlett@carmanah.com

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